8 stocks that are paying dividends soon I dividend paying stocks 2021 #DividendAlert - YouTube

Hi, as you know we keep telling you about the companies that have recently declared dividends

And today also we will tell you about 8 such companies whose ex-dividend date is coming

Ex-dividend is the date before which you buy the shares and are eligible for the dividend

You should look out for the dividend yield which is calculated by dividing the dividend per share by the CMP

And in today's video, we have included only those companies whose dividend yield is more than 1%

and we have picked up the market price of 5th July 12 pm for this calculation

And have covered only those stocks whose market cap is more than Rs.2000 Crs

This list will be in ascending order, meaning the highest dividend yield stock will be discussed in the last

The dividend yield is a better metric to know about dividends, so let us start

The first company is M&M, they have declared a dividend of Rs.8.75 per share with a dividend yield of 1.11%

Its ex-dividend date is 15th July 2021 and its 5-year sales have compounded by -0.42%

The next company is Maharashtra Scooters that manufacture jigs, fixtures, and die casting components for the automobile industry

It has declared a Rs.50 per share dividend whose ex-dividend date is 8th July 2021

Meaning if you buy its share by 7th July, you will be eligible for the dividend

Its dividend yield is 1.31% and its 5-year sales have compounded by 27.66%

The next company is mid-cap pharma company, Alembic Pharmaceuticals

They have announced a dividend of Rs.14 per share and its ex-dividend date is 19th July 2021

Its dividend yield is 1.39% and its 5-year sales have compounded by 11.24%

The 4th company is Apollo Tyres that manufacture radial tyres and tubes

They have declared an Rs.3.5 per share dividend and its ex-dividend date is 15th July 2021

meaning if you buy its share by 14th July, you will be eligible for the dividend

Its dividend yield is 1.53% and its 5-year sales have compounded by 7.98%

The 5th company is Godfrey Phillips India and primarily is a tobacco manufacturer

That operates brands like Four Square, Red and White, and Cavanders

They have declared a dividend of Rs.24 per share with a dividend yield of 2.43%

Its 5-year sale have compounded by 1.62% and its ex-dividend date is 28th July 2021

The 6th company is Tech Mahindra that has declared a dividend of Rs.30 per share

Out of which Rs.15 is a special dividend and the rest Rs.15 is final dividend

Its dividend yield is 2.77%, its 5-year sales have compounded by 7.4% and its ex-dividend date is 23rd July 2021

The 7th company is HPCL, Hindustan Petroleum Corporation Ltd and are involved in the business of crude refining and marketing of petroleum products

They have declared a dividend of Rs.22.75 per share and its dividend yield is 7.54%

Its 5-year sales have compounded by 5.57% and its ex-dividend date is 8th July 2021

The 8th company is Goodyear India that manufactures and trades tires, tubes, flats.

They have declared a dividend of Rs.98 out of which Rs.80 is special dividend and Rs.18 is final dividend

Its ex-dividend date is 4th Aug 2021 and dividend yield is 8.71%

and their 5-year sales have compounded only by 0.7%

So these were the 8 companies whose ex-dividend date is close and dividend yield is more than 1%

There are many more companies with dividend yield more than 1%, but their ex-dividend dates are not yet announced

And hence we didn't cover them, as soon as they are announced we will bring you another dividend alert

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These videos are only for educational purposes, there is no buying/selling recommendations